Generation Next Fashions Limited announcements
219 Dhaka Stock Exchange announcements for Generation Next Fashions Limited (GENNEXT) since 2012: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (7).
- Regarding shutting down of operation of the company
Deterioration of situation subsequent to labor unrest and shutting down of operation of Generation Next Fashions Limited (GNFL): Shaheen Akther Chaudhury, a Director of the Company, informed DSE on November 3, 2024, that they had submitted a letter to the Bangladesh Securities and Exchange Commission on October 20, 2024, regarding labor unrest and the stoppage of operations due to a working capital shortage. (cont.1) (Cont. news of GENNEXT): Citing these issues, the Director sought advice from BSEC to overcome the crisis situation. (end) (Cont. news of GENNEXT): The Director also reported that the Chairman and Managing Director of the company remain out of contact and may be out of the country. In the absence of the Chairman, Managing Director, and other Directors, the company is facing the following problems: a) Unable to make decisions in BoD meetings due to an incomplete quorum. b) Unable to conduct banking transactions due to the absence of signing authority. (cont.2)
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.11 for January-March 2024 as against Tk. 0.05 for January-March 2023; EPS was Tk. (0.04) for July 2023-March 2024 as against Tk. 0.07 for July 2022-March 2023. NOCFPS was Tk. (0.02) for July 2023-March 2024 as against Tk. 0.38 for July 2022-March 2023. NAV per share was Tk. 11.75 as on March 31, 2024 and Tk. 11.88 as on June 30, 2023.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended June 30, 2023 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.12 for October-December 2023 as against Tk. 0.03 for October-December 2022; EPS was Tk. (
(Q2 Un-audited): EPS was Tk. 0.12 for October-December 2023 as against Tk. 0.03 for October-December 2022; EPS was Tk. (0.15) for July-December 2023 as against Tk. 0.02 for July-December 2022. NOCFPS was Tk. (0.23) for July-December 2023 as against Tk. 0.34 for July-December 2022. NAV per share was Tk. 11.62 as on December 31, 2023 and Tk. 11.88 as on June 30, 2023. (cont.)
- Q2 Financials
(Cont. news of GENNEXT): Reason for deviation in EPS, NOCFPS and NAVPS: Due to world economic recession and Ukraine-Russia war the export order significantly dropped during this period compare to previous period and this the reason for downward of the EPS and NOCFPS. NAVPS has decreased due to net loss incurred in this period compare to previous year's same period. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 30, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.